Dividing your assets is a routine part of the divorce process. However, if you have a collection of rare artifacts, expensive cars or family heirlooms, you may fear losing it. There are several options when dividing high-value holdings. To decide which solution works...
Discreet Family Law Representation
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High-Asset Divorce
Will you pay a penalty on leftover 529 plan funds?
If you had the forethought to form a 529 plan for your child, hats off to you. A 529 plan is a tax-advantaged savings account, the purpose of which is to encourage individuals to save for expenses related to higher education. Though the account owner or beneficiary...
Is your spouse using cryptocurrency to hide assets?
Once upon a time, spouses trying to hide assets during a Kentucky divorce would turn to offshore bank accounts and similar methods of concealing how much they had. Nowadays, some parties embroiled in divorce are turning to newer, more high-tech ways of shielding...
Which documents might uncover hidden assets during a divorce?
When couples divorce, one individual may attempt to hide assets from his her or spouse during the proceedings. One spouse may believe he or she should not have to divide a certain asset or that the other person is not entitled to any share of it. The Kentucky Bar...
Acquiring property before your divorce is final
When it comes to divorce, you need to go over a myriad of issues, especially if you have a high net worth. The way in which you handle divorce matters will play a key role in your financial future and could affect other aspects of your life, whether you are a parent...
How do stock options influence divorce?
If your spouse made significantly more money than you during your marriage, you may have relied on his or her income. Perhaps you did not have a job of your own or only worked part-time. Now that you and your spouse are divorcing, you must divide your property...
Can your current spouse sell your business in divorce?
You and your soon-to-be-ex-spouse invested a lot of time and energy into a business. With your divorce, you may worry about your current spouse selling the company. Chron explains the ins and outs of selling a business in divorce when spouses built the entity...
Could I sell my business before divorce?
If you own your own business and divorce is looming ahead, you will have tough choices to make. Some entrepreneurs want to hold on to a business through a divorce. However, you might want to sell your operation to reap a profit to help build your post-divorce life....
How a family business can affect divorce proceedings
As part of a Kentucky divorce, you and your partner must identify, value and divide assets before finalizing a settlement. However, if either of you has ownership in a private business, dividing assets and achieving equitable property division becomes more complex....